SalePilot Smart Sale Scheduler

The problem SalePilot solves

A sale run by hand can start late, end late, or leave a price cut in place. Every hour outside its plan is margin given away, or demand that met the wrong price.

• 8%of operating profit per 1% of price

  “A price rise of 1 percent, if volumes remained stable, would generate an 8 percent increase in operating profits.” And “volumes would have to rise by 18.7 percent just to offset the profit impact of a 5 percent price cut.”

  The average income statement of an S&P 1500 company. A store’s own figure depends on its margins.

  Consulting firmMcKinsey, “The power of pricing” (opens the source)

• 400–800basis points of margin from getting markdowns right

  “We’ve found that markdown optimization can improve margin rates by 400 to 800 basis points.” Common missteps include discounting items “that would most likely continue to sell at full price” and markdowns “deeper than they need to be.”

  Full markdown optimisation at large retailers: depth, timing and item choice, not scheduling alone.

  Consulting firmMcKinsey, “Hitting the mark” (opens the source)

• 80%of one online retailer’s range sold below list price

  An international online retailer “sold about 80 percent of its assortment below the list price. Pricing required significant manual effort and was rarely transparent.” After linking pricing and promotions, it expects revenue up 3 to 5 percent and profit up 2 to 4 points.

  One retailer’s full analytics programme. The gain is expected, not measured.

  Consulting firmMcKinsey, “Pricing and promotions” (opens the source)

What SalePilot does: scheduled sales and flash sales that end on time

• Schedule a sale with a start date and time, an end date and time, and a timezone.
• Discount a collection, chosen products or chosen variants by a percentage, or add a quantity break (buy more, save more).
• When the end time arrives, the prices go back on their own, with nobody logged in.